Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe licensee must only use the money:
(a) for the purpose, and in the manner, set out in the statement given under section 982C; or
(b) for another purpose, or in another manner, agreed on in writing by the licensee and the client after the licensee gave the client the statement.
Note: Failure to comply with this section is an offence (see subsection 1311(1)).